Maine Property Development Project with 39 Buildable Lots

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Financial Details

Asking Price:
$1,200,000
Profit Metric:
Cash Flow
Location:
ME, US
Source:
Date:
September 18, 2025

Key Highlights

Prime property development opportunity in a desirable Central Maine community.
Includes 39 approved, surveyed, and buildable residential lots with strong local and state support.
Benefiting from ongoing town infrastructure improvements and high housing demand in Maine.

Description

This is a significant property development project located in a highly sought-after Central Maine community. The business is selling its assets due to the owner's retirement and pursuit of new opportunities. The primary asset is a residential development project, with 39 buildable, town-approved, and surveyed lots remaining for sale. Several lots have already been successfully sold. The local town is undergoing a major renovation, enhancing the neighborhood's appeal and connectivity. The demand for housing in Maine remains exceptionally strong, positioning the buyer for success. The project benefits from excellent cooperation from both the town and state authorities. This presents a prime opportunity for an investor or developer to acquire a substantial real estate asset in a growing market. The sale includes FF&E valued at $1,600, which is included in the asking price. The real estate itself is owned but not included in the asking price of $1,200,000.

Industry Information

Industry Description:
Building & Construction
Classification:
Building & Construction

Operational Snapshot

Reason for Selling:
Retirement and New Opportunities

Real Estate & Lease

Status:
Not_included
Real Estate Price:
$1,200,000 USD

Assets & Inventory

FF&E Value:
$1,600 USD
Includes FF&E:
Yes

Broker Contact

Name:
Justin Holmes
Company:
Transworld Business Advisors of Maine

Listing Details

Listing ID:
b9687fd9-166b-412d-a106-f183c1cad0e8
Source Listing ID:
2414804
Deal Status:
For Sale
Last Updated:
September 18, 2025
Currency:
USD